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The current spot rate of dollars per pound as quoted in a newspaper is ________ or ________. Use the table to answer the following question(s).
The current spot rate of dollars per pound as quoted in a newspaper is ________ or ________.
Use the table to answer the following question(s).
Yen: Spot and Forward(/$)Pound: Spot and Forward ($/)
| Mid Rates | Bid | Ask | Mid Rates | Bid | Ask | ||
| Spot | 129.87 | 129.82 | 129.92 | 1.4484 | 1.4481 | 1.4487 | |
| Forward Rates | |||||||
| 1 month | 129.68 | -20 | -18 | 1.4459 | -26 | -24 | |
| 6 months | 128.53 | -136 | -132 | 1.4327 | -160 | -154 | |
| Swaps | |||||||
| 2 year | 117.65 | 1232 | 1212 | 1.425 | -238 | -230 | |
| 3 year | 115.5 | 1452 | 1422 | 1.4225 | -265 | -253 | |
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Risk Sharing Finance
Authors: Bakkali Mirakhor, Saad Abbas
1st Edition
3110590468, 978-3110590463
